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IronFX Opens New Office in Vietnam

Jun 04 2013
By

It seems to me that lately not single day can go by without someone talking about Asia, the blooming Asian market and all the brokers that are trying to expand their business over there. Just today, we reported that the Moscow Exchange had a record CNY34.4 million trading volume in the CNY/RUB currency pair on May 28! Not to mention the fact that the Japanese market alone is responsible for a huge chunk of Forex trading worldwide (35%, to be precise).

 

With all this action, it's no wonder brokers are eying the Asian market more and more lately, and are taking various steps to move in. Earlier today, European broker IronFX announced the opening of a brand new office in the heart of Ho Chi Minh City, the largest city in Vietnam. The new location will be operated by an IronFX subsidiary, and will bring the total number of IronFX offices worldwide to 19, including some in New York, Dubai, London and Kuala Lumpur, to mention a few. In Asia, the company has previously set roots in Hong Kong and Shanghai.

 

To be honest, this may be a bit of a surprise, since we are more used to hearing about the various contests and promotions IronFX has to offer, like the recent May Live Trading Competition which will be sending a lucky winner on a little vacation trip in Las Vegas. Now turns out the broker was keeping busy in other areas, too. Though admittedly, it still has a way to go to catch up to Dukascopy, which has been striking up partnerships in Japan left and right. In any case, there's no denying the obvious – with the US and European markets becoming a bit saturated already, Asia is now turning into one of the most desirable locations for Forex brokers. Don't know about you, but I for one might be getting ready to pack my bags soon! 

 

 

About IronFX

 

IronFX is a Cyprus-based broker, regulated by CySec and specializing in Forex, CFDs on US and UK stocks, commodities, spot metals and binary options. The company was established in 2010 by an experienced team of Forex specialists and software experts aiming to create and offering an online trading environment with “One Account, Ten Platforms” trading functionality. Using the Meta Trader 4 (MT4) platform as a trading platform basis, combined with substantial in-house development, IronFX offers full access to strong liquidity, fast execution and a wide range of trading instruments, with spreads starting from 0 pips.

 

 
TAGS: ironfx  new office  vietnam 

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Belize IFSC MT4, MT5 $100 Review Website
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Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
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